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August 19, 2025

Scott Bessent Plans Interviews for New Fed Chair Candidates After Labor Day

Scott Bessent, Treasury Secretary, revealed plans to interview candidates for the Federal Reserve chair position. With a crowded field of 11 contenders, the White House aims to select the right individual soon. During a CNBC interview on Squawk Box, Bessent emphasized the administration’s commitment to easing policies. Easing could provide a much-needed boost to the struggling housing market. Understanding these leadership changes will be crucial for economic policy awareness in the coming months.

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